corporate
Microstrategy CEO Reveals BTC Purchase is Corporate Strategy to Adopt Bitcoin Standard
CEO Michael Saylor revealed that MicroStrategy’s $425 million Bitcoin investment was part of its corporate 100-year outlook and strategy to adopt the Bitcoin Standard.
R3's Marco Polo Network Welcomes First Indian Corporate as Asia Serves as a Key Area of Growth
The Marco Polo Network announced on Thursday that India’s leading provider of digital transformation, Tech Mahindra became the first corporate in India to join the R3’s open-source blockchain-based Marco Polo Network for facilitating cross-border transactions.
Proposal to Amend Cryptocurrency Leverage Regulations in Japan
JCBA has proposed to JVCEA to amend the leverage ratio regulations in cryptocurrency margin trading, advocating for the application of corporate leverage calculation methods to individual transactions as well. The proposal aims to align the crypto market's leverage regulations with other derivative markets and possibly re-attract users who shifted to overseas exchanges for higher leverage.
Shinhan bank Opens Door to Corporate Crypto Accounts, Paving the Way for Institutional Adoption
As the first domestic lender on South Korean soil, Shinhan Bank has rolled out real-name corporate accounts to enable transactions from cash to crypto based on its partnership with cryptocurrency exchange Korbit.
Horizon Kinetics Bets on Bitcoin as Inflation Bites
Horizon Kinetics, a US-based investment firm, is the latest to bet on Bitcoin as an inflation hedge, saying that the company is playing their bets on two hedges against inflation: property and cryptocurrencies, especially Bitcoin.
MicroStrategy's Debt Dilemma: A Balancing Act Between Bonds and Bitcoin
Adam Cochran discussed MicroStrategy's financial quandary due to its 2025 and 2028 convertible notes amidst its extensive Bitcoin holdings. Failure to address the 2025 note could lead to a 15% equity dilution, while refinancing could spike yield rates. Options like leveraging Bitcoin or selling it to cover debts were explored, with the latter potentially causing a dip in market confidence. Cochran hinted that the year-end decisions could significantly impact how MicroStrategy navigates its debt come 2024.
Only a Small Fraction of Institutional and Corporate Money Entered into Bitcoin Market
The amount invested by institutions and corporates in the Bitcoin market is a small percent of their total cash reserve
Dee Templeton Joins OpenAI's Board Amidst Corporate Governance Overhaul
Microsoft's Dee Templeton joins OpenAI's board as a nonvoting observer amidst significant corporate governance changes following CEO Sam Altman's brief ouster and reinstatement.
UK’s Argo Crypto Mining Firm Begins Paying CEO in Bitcoin
Argo blockchain crypto mining firm has become the first publicly listed company to pay its CEO in Bitcoin.
AI's Mainstream Impact and Workforce Dynamics in 2023
2023 was a transformative year for the workforce, marked by AI becoming mainstream, changes in job roles and hiring processes, the rise of hybrid work models, the decline of corporate jargon, and notable increases in job interview compensation.
Investing Corporate Cash to Cryptocurrency “Doesn’t Make Sense”: Twitter CFO
Cryptocurrencies are booming, but Twitter’s CFO has signed a new direction, stating that moving corporate cash to cryptocurrencies like Bitcoin is currently not the right investment decision due to its volatility.
The Nascent Primary Market of Security Token Offerings
Now that the ICO market bubble ebbed away security token offerings (STOs) have emerged, allowing investment in regulated securities recorded on a blockchain according to new research from the Oxford Faculty of Law
6 Corporate Giants Hold Bitcoin Worth More Than $11.4 Billion
Blockchain insights provider BlockData has acknowledged that six corporate giants have taken the Bitcoin holding culture a notch higher as they have BTC worth more than $11.4 billion in their custody.
Stablecoin Issuer MakerDAO Invests $500m into U.S Treasuries & Corporate Bonds
The move is an attempt by MakerDAO to diversify its holdings by allocating $500 million for investment in U.S. short treasuries and corporate bonds.
Sam Bankman-Fried Dodges Questions on Alameda Debt Repayment Risks
FTX CEO Sam Bankman-Fried was questioned about using funds to repay Alameda's lenders, sparking discussions on risk management practices and potential user reputation implications.
Bitcoin Can Be Used by Corporate Investors to Manage the “Impact of Monetary Inflation"- MicroStrategy
MicroStrategy CEO Michael Saylor explains that firms are acquiring Bitcoin as a strategy to hedge against the impacts of monetary inflation.
Citi, IBM, Ubisoft Join Singaporean Blockchain Accelerator
Tribe Accelerator, Singapore’s first government-backed blockchain accelerator, has added another batch of big names to its corporate partners list.
Uber CEO Reveals the Firm Will Consider Accepting Bitcoin as Payment
Uber CEO has said that the company is open to accept Bitcoin as a means of payment, but won’t purchase the cryptocurrency for its corporate balance sheet.
US SEC Executive Who said Ethereum is Not a Security to Leave the Agency
The US SEC has announced that William Hinman, the current director of the Division of Corporate Finance, would leave the commission by the end of this year.
Facebook's Rebranding of Libra Stablecoin to Diem May Face Copyright Infringement Lawsuit
Facebook’s idea to rebrand its Libra stablecoin project to “Diem” may not be as smooth sailing as what the corporate firm had in mind.
Samsung to Expose Its Well-Crafted Blockchain Strategy In Annual Developers Conference
The electronics giant Samsung, according to a press release on September 2, has revealed its intentions to present it's blockchain-based corporate strategy next month at the annual Samsung Developer Conference 2019 in San Josè, California.
Marketlend Launches New Stablecoin Against the Australian Dollar for Security Token Purchasing
Marketlend creates a digital currency to be backed by the Australian dollars to create a secondary market for corporate loans prompting a means through which assets can be tokenized over the blockchain.
Singaporean Company Launches World’s First Blockchain-Enabled Carbon Trading Exchange
AirCarbon Pte, a Singaporean exempt private company, has established the first-ever blockchain-powered carbon trading exchange (CTX) that will permit corporate buyers and airlines to sell and purchase tokens subsidized by carbon offset credits.
Ethereum’s Vitalik Buterin: Centralized Digital Currencies Without Privacy Are a Huge Step Back
Vitalik Buterin the Ethereum co-founder believes that mainstream adoption of digital currencies is inevitable, with or without blockchain, but will that currency be sovereign, corporate or decentralized?
Blockchain Got Down to Business in 2019
Executives who took part in Deloitte’s survey are confident about the new and evolving use-cases of blockchain. In comparison to Deloitte’s 2018 survey, respondents report that overall corporate blockchain investment is expanding across most sectors and practical applications are gaining traction.